Stock photo: cover may vary
Continuous-Time Stochastic Control and Optimization With Financial Applications Hardback - 2009 - 2009th Edition
by Pham, Huyen,
- Used
A$126.24
A$5.81
Delivery within USA
Standard delivery: 2 to 14 days
More delivery options
Standard delivery: 2 to 14 days
Ships from GreatBookPrices (Maryland, United States)
Details
- Title Continuous-Time Stochastic Control and Optimization With Financial Applications
- Author Pham, Huyen,
- Binding Hardback
- Edition number 2009th
- Edition 2009
- Condition New
- Pages 232
- Language ENG
- Publisher Springer, Berlin, Heidelberg:
- Publication date 2009-07
- Features Bibliography, Index, Table of Contents
- Bookseller's Inventory # 6211211
- ISBN 9783540894995
- Quantity available 5
About GreatBookPrices Maryland, United States
Biblio member since 2024
Since 1991, we have worked every day to serve our customers with state-of-the-art technology and world class service. We are dedicated to providing customers around the world with the widest selection of books, DVDs, and CDs at the absolute lowest price.
Reader reviews for Continuous-Time Stochastic Control and Optimization With Financial Applications
Write a review for this book
Important Terms and Guidelines
- Please focus on the book’s content and context. Also, add any personal comments as to how you enjoyed the book. Substantiate your likes and dislikes. You may make comparisons to other books.
- Reviews must be at least 140 characters in length.
- Please do not reveal critical plot elements.
- This is not a help line. Contact customer support if you need help.
Your review must not include:
- Obscenities, discriminatory language, or other insulting language not suitable for public domain
- Advertisements, “spam” content, or references to other products, offers or websites.
- Email addresses, URLs, phone numbers, physical addresses or other contact information.
- Overly critical comments about other reviews or reviewers
- Time-sensitive material (i.e. promotional tours, seminars, lectures, etc.)
- Availability, price, or alternative ordering/shipping information
From the publisher
From the rear cover
Stochastic optimization problems arise in decision-making problems under uncertainty, and find various applications in economics and finance. On the other hand, problems in finance have recently led to new developments in the theory of stochastic control.
This volume provides a systematic treatment of stochastic optimization problems applied to finance by presenting the different existing methods: dynamic programming, viscosity solutions, backward stochastic differential equations, and martingale duality methods. The theory is discussed in the context of recent developments in this field, with complete and detailed proofs, and is illustrated by means of concrete examples from the world of finance: portfolio allocation, option hedging, real options, optimal investment, etc.
This book is directed towards graduate students and researchers in mathematical finance, and will also benefit applied mathematicians interested in financial applications and practitioners wishing toknow more about the use of stochastic optimization methods in finance.
